WorldAPP Secures Financing Round to Fuel Growth

Press Release

Braintree, MA – May 23, 2017 – WorldAPP

WorldAPP, a leading provider of mobile data collection and process optimization software today announced that it
has completed financing round with Providence-based Bay Capital Investment Partners. The transaction amount was
not disclosed.

WorldAPP combines a powerful suite of data collection products with their expertise in inspections, audits, and surveys
to design and develop mobile applications for enterprise-level clients. According to CEO Oleg Matsko, the new financing
will be used to fuel growth strategy.

“This additional funding provides us with the financial strength and flexibility we need to aggressively grow our
company while still advancing product capabilities,” said Matsko. “We’re particularly enthusiastic because we now
have the added resources we need to achieve our growth goals while maintaining the exemplary service and support
that our clients have come to expect.”

Led by Matsko and CTO Alexander Zagvazdin, WorldAPP builds Mobile Data Collection and Business Process Optimization
applications for large organizations. Their flagship products,
Form.com and
Key Survey, are customized to meet enterprise needs and used to transform the flow of critical information and
operating data between people, departments, and existing programs.

Gregory Mulligan, the managing Director of Bay Capital, notes that while WorldAPP has been in operation for 15 years,
their steady growth puts them in a position to maximize the investment and take the company to the next level.

“WorldAPP has demonstrated impressive momentum and trajectory over the years,” said Mulligan. “They’ve also built
a reputation for providing first-to-market technologies and solutions with an exemplary level of customer support.
We believe this investment will help them capitalize on their reputation, and achieve their goal to drive explosive
growth in the coming years.”